.@paoloardoino seems to be saying that there's less demand for tethers because there's already more tethers in circulation than other stablecoins in response to a question from @dee_bosa about why no tokens were issued the last month and a half
Probably my point did not come across correctly. The growth of USDc in the last month has shrinked significantly if you think that it grew so much in the previous month's.
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When next $1B USDT print ser?
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But that's different from 0 growth entirely right, which I think was the question. USDC has still been growing, even if the rate has slowed
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I could argue that tether did issue new tokens, not just at the same pace as before. One from today.https://etherscan.io/tx/0x35859dbbea1208c8ca0e5242f3ffaf915dde796f20eeb1c87067c1a9a3064b1b …
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Except USDC isn't small, it's massive (nearly 50% of USDT), and growing a lot. USDC issuance of $4B while USDT is flat. It's not the case of a tiny startup growing while a mature megacap stagnates. These are two similarly sized companies with nearly identical products.
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